VRS 7.32% 4.4¢ veris limited

Ann: Veris 1H FY20 Results Presentation, page-10

  1. 1,200 Posts.
    lightbulb Created with Sketch. 1711
    13 million shares traded is an extremely large number for this company. Maybe Misters Goodman, Mangano and Chapman are purchasing and we'll get a real shake up. They gained highly significant numbers of votes for places on the Board.
    The bank wouldn't want continuation of this half. Debt is only a small percentage of annual revenue which ordinarily wouldn't be a problem if the company was making money. Making money being the problem that this board seems incapable of rectifying. And as the saying goes, if you aren't part of the solution, you're part of the problem. It astounds me that in a professional service industry a company with the turnover of Veris can have branches losing as much money as Olympic Park. Perhaps Mikey the current Board won't be there too much longer. Regardless I confess to being worried about the competency of the Board, the future of the company and the security of my investment.
 
watchlist Created with Sketch. Add VRS (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
0.003(7.32%)
Mkt cap ! $22.40M
Open High Low Value Volume
4.4¢ 4.4¢ 4.4¢ $785 17.83K

Buyers (Bids)

No. Vol. Price($)
1 300000 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 811487 3
View Market Depth
Last trade - 12.54pm 18/09/2024 (20 minute delay) ?
VRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.